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John Gapper
Convenience stores should make more of themselves
...Asda, the UK supermarket chain owned by TDR Capital and the billionaire Issa brothers, is converting to its Asda Express brand 470 local stores that it acquired in 2022....
February 16, 2024
John Gapper
Google and Apple’s app stores are cash machines
...But there is a big difference between app stores and physical supermarkets: the latter must build and run stores and distribution hubs, employ checkout staff and shelf stackers, advertise widely and so on...
December 15, 2023
FT Live
Future of Retail
Securing long-term business growth with technology innovation
Tuesday, 17 SeptemberLondon, UK
Food & Beverage
‘Healthier’ food brands challenge Krispy Kreme and Nutella
...While the UK’s new rules have prompted some change, “there are healthier snack options popping up but they are in a small set of categories, stocked in certain stores and are often more expensive”, said...
December 27, 2022
Mergers & Acquisitions
CD&R’s Morrisons sells petrol forecourts to sister company MFG for £2.5bn
...The purchase will allow MFG to expand its electric vehicle footprint across the UK, from 130 sites currently electrified to 800 by 2030, as well as bolster its convenience store offering, the companies said...
January 30, 2024
Ecommerce
DoorDash teams up with grocer Loblaw as ultrafast delivery rivalry heats up
...Florida-based grocery chain Publix is the first to partner with Instacart, with warehouses operating in Miami....
June 22, 2022
Food Prices
French retailer Carrefour drops PepsiCo products over high prices
...The supermarket chain will from Thursday stop stocking PepsiCo products such as Doritos crisps and 7Up, and will add signs to shelves at its stores in France explaining to customers that it is no longer...
January 4, 2024
FT Live
Business of Luxury Summit
Gathering leaders in luxury for the 20th year
Sunday, 19 MayVenice, Italy
Aldi
Aldi heads down new aisle with US supermarket shopping spree
...Earlier this month it announced it would buy the Winn-Dixie and Harveys supermarket chains, expanding in a market where big stores still reign supreme....
September 3, 2023
FT Magazine
The delivery rider who took on his faceless boss
...One time, he bought a microwave curry from the vegan section of the supermarket Target, which contained ghee — a dairy product....
March 15, 2024
The Top LineElaine Moore
Groceries shoppers are proving resistant to tech disruption
...But after the initial interest wore off the store was rarely busy. This year it closed....
November 10, 2023
Inside BusinessPeggy Hollinger
Pepsi vs Carrefour: a battle inflamed by French retail rules
...Negotiations relating to food products sold in French stores are subject to French regulations — even if the discussions are conducted in another country....
January 17, 2024
News in-depthWaterstones Booksellers Ltd
Waterstones IPO would open new chapter for bookseller, says James Daunt
...seven-strong Daunt Books, which is the second largest independent chain in the UK, in addition to the Waterstones role means he controls the majority of independent high street book sales in the UK outside supermarkets...
December 2, 2023
Cerberus Capital Management LP
Opposition shadows Cerberus windfall from Albertsons supermarket deal
...The divestitures included more than 400 stores sold to rival chains such as Publix, according to a person familiar with Cerberus’s returns....
November 9, 2022
Jair Bolsonaro
Bolsonaro in Florida: KFC, a McMansion and trips to the supermarket
...At the local Publix supermarket — founded by the Jenkins family, prominent Trump supporters — Bolsonaro was seen roaming the aisles in the days before the insurrection....
January 19, 2023
Krispy Kreme Doughnuts Inc
Krispy Kreme boss shrugs off UK’s tightening anti-obesity rules
...In the UK, Krispy Kreme sells its doughnuts in supermarkets such as Tesco and Sainsbury’s, as well as in standalone stores....
May 16, 2023
US retail
America’s dollar stores get a makeover for the age of inflation
...Profit margins are lower for groceries than discretionary items, so dollar stores have little incentive to push too far into supermarkets’ terrain....
April 19, 2023
FT Live
Due Diligence Live
Where leaders in investment and finance meet
Tuesday, 8 OctoberLondon, UK
The Big Read
Will Apple take a big bite out of the banks?
...Its services division alone, where it earns recurring subscriber revenues and App Store payments, generated $55bn in profit last year — higher than JPMorgan and Citi combined....
April 21, 2023
Wm Morrison Supermarkets PLC
Morrisons third-quarter profits fall by half as inflation hits
...The UK’s competition regulator has said there is little evidence that supermarkets profited unduly from fuel price volatility....
September 28, 2022
Style
The mysterious disappearance of Kiwi shoe polish
...It’s a trend confirmed by the department store John Lewis, which has recently updated and streamlined its shoe care range....
December 8, 2022
Instacart Inc
Instacart to build micro-warehouses in push to regain delivery edge
...Instacart said its warehouses with Publix would be a mixture of standalone facilities attached to existing brick-and-mortar stores....
March 23, 2022
LexInstacart Inc
Instacart: grocery delivery service IPO will arrive in unwilling market Premium content
...But shoppers are returning to supermarket aisles. This year, Instacart reduced its internal valuation to $24bn. Its market cap could be much lower....
September 21, 2022
Boots UK Ltd
Boots left in limbo as bids fail to emerge
...Online makes up 13 per cent of overall retail sales, double what it was before the pandemic, while same-store sales in the three months to the end of May were up 24 per cent as visits to its 2,000 stores...
July 1, 2022
Boots UK Ltd
Ambani’s Reliance teams up with Apollo to make binding bid for Boots
...Supermarkets and “variety discounters” such as B&M and Home Bargains have been undercutting it on staples such as deodorant, shaving products and toiletries, while online rivals and department stores are...
June 9, 2022
John Gapper
Goodbye to the golden age of consumer choice
...But empty shelves have appeared in supermarkets, and we may one day pick up our phones and notice that the app store looks thinner. When that happens, remember the boundless choice we once had....
May 13, 2022
News in-depthNikkei Asia
Japan’s online shoppers call time on spending spree
...A version of this article was first published by Nikkei Asia on July 30. ©2022 Nikkei Inc. All rights reserved....
August 10, 2022
Wm Morrison Supermarkets PLC
Morrisons CFO steps down ahead of refinancing
...During the bidding process, CD&R pledged not to engage in “material” sale and leaseback transactions on the group’s predominantly freehold store estate....
March 11, 2022

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